LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE

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 Lagos Court Jails NOGASA Chair, Fatuyi Phillips 21 Years  for N43.5m Fraud    Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Monday, November 18, 2024, convicted and sentenced Fatuyi Yemi Philips, Chairman, Natural Oil and Gas Suppliers Association of Nigeria, NOGASA, to 21 years imprisonment for N43.5m fraud.   The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on April 5, 2022, arraigned Philips alongside his firm, Oceanview Oil and Gas Limited, on a two-count charge bordering on obtaining money by false pretence to the tune of N43, 502,000.00   Count one reads: "Fatuyi Yemi Philips and Oceanview Oil and Gas Nigeria Limited, on or about the 28th day of September, 2016 at Lagos, within the jurisdiction of this Honourable Court, with intent to defraud, obtained the aggregate sum of N43, 502,000.00 from Elochukwu Okoye and Elebana Unique Ventures Nigeria Limited on behalf of WAPCIL Nigeria Limited under the false rep
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EFCC FLAGS OFF AUCTION OF FORFEITED VEHICLES IN PORT HARCOURT.{PHOTOS}.#PRESS RELEASE.

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     The EFCC, on Thursday, December 19, 2019 commenced processes involved in the auctioning of 244 vehicles forfeited to the Federal Government by illegal oil dealers. The exercise was flagged-off by the Commission Secretary, Mr. Ola Olukoyede, together with a team of senior officers of the EFCC. The initial auctioning processes took off at the premises of the Police Officers Wives Association, POWA's open ground in the old Government Reservation Area, G.R.A, Port Harcourt, Rivers State. The processes involved allocation of bidding slots to registered auctioneers. Eleven( 11) registered auctioneers were shortlisted for the exercise and they include: Musa Kura & Co; FSS Nigeria Limited; Auspex Global Ssrvices; Jfdor International Limited; JN Enedo Nig. Ltd; Jagsul Nigeria Ltd; Soldap Integrated System; Fagobe Company Ltd; Amijapp Nigeria Ltd, Rihago Auctioning Ltd and Tojugnonyen Auctioneering Co. Ltd.
Representatives of all the shortlisted auctioneers were present to pick slots from an open container publicly displayed at the POWA's open ground.One more photo below.
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